USfrozenOPSandman90:
Gamble is right. This whole thing is a house of cards that can come down at any time. But, as the Ferengi say, the riskier the road, the greater the profit. With that said, I'm a firm believer in not risking more than I'm willing to lose. Can't play with money if you dont wanna lose some.
USfrozenOPSandman90:
I get where you are coming from. But isn't the whole point of this AMC and GME debacle for it to be massively and ludicrously over bought?
Sandman90 :
In this economy AMC is not hitting their earnings, everything is based on the gamble if the vaccine will work and the cinema will be available again pretty soon. You agree with that?
Sandman90 :
But so far vaccination sucks and the virus mutates, so how as investor i can consider to gather the ppl in cinema worry free, if we cant fill the football stadiums under open roof.
USfrozenOPSandman90:
I agree with your sentiment, at least in the short term. Eventually, things will begin to normalize both market wise and life wise. One of the constant things people desire is entertainment, and this reddit pipe dream has already helped AMC with helping wipe out several million dollars in debt. *If* this company can hold on through the short term and out last this damn pandemic then it's only a matter of time before they become valid again. They have been having strong growth since 2012 and had a respectable revenue even in 2019. Dumb monkeys will always like pretty colors on a big screen while eating sugar, and that's what AMC offers... just not right now.
Sandman90USfrozenOP:
You are right, in some way, but in my opinion as you said as well the stock is overpriced. Its being pumped right now on the “HOPE” if you have a position open, I hope you will notice when to get out.
USfrozenOPSandman90:
I hope so too. Thanks for sticking around and chatting Sandman, you seem like good people with some solid smarts. Hopefully I'll continue to see you around!
Sandman90 : It gapped out, remember the gaps will be filled. Warning for those who don’t understand the stock market. Good luck with your gamble
USfrozenOP Sandman90: Gamble is right. This whole thing is a house of cards that can come down at any time. But, as the Ferengi say, the riskier the road, the greater the profit. With that said, I'm a firm believer in not risking more than I'm willing to lose. Can't play with money if you dont wanna lose some.
Sandman90 : Gable is right in texas. I invest based on the analysis not the herd instinct. Indicators are indicators, we will see what will happen https://www.nasdaq.com/articles/amc-networks-amcx-enters-overbought-territory%3A-is-a-drop-coming-2021-01-11
Im not there for intimidation or advice, just expressing my opinion,
USfrozenOP Sandman90: I get where you are coming from. But isn't the whole point of this AMC and GME debacle for it to be massively and ludicrously over bought?
Sandman90 : In this economy AMC is not hitting their earnings, everything is based on the gamble if the vaccine will work and the cinema will be available again pretty soon. You agree with that?
Sandman90 : But so far vaccination sucks and the virus mutates, so how as investor i can consider to gather the ppl in cinema worry free, if we cant fill the football stadiums under open roof.
Sandman90 : Good luck with your position, no harm meant, just sharing my opinion.
Good trading
USfrozenOP Sandman90: I agree with your sentiment, at least in the short term. Eventually, things will begin to normalize both market wise and life wise. One of the constant things people desire is entertainment, and this reddit pipe dream has already helped AMC with helping wipe out several million dollars in debt. *If* this company can hold on through the short term and out last this damn pandemic then it's only a matter of time before they become valid again. They have been having strong growth since 2012 and had a respectable revenue even in 2019. Dumb monkeys will always like pretty colors on a big screen while eating sugar, and that's what AMC offers... just not right now.
Sandman90 USfrozenOP: You are right, in some way, but in my opinion as you said as well the stock is overpriced. Its being pumped right now on the “HOPE” if you have a position open, I hope you will notice when to get out.
USfrozenOP Sandman90: I hope so too. Thanks for sticking around and chatting Sandman, you seem like good people with some solid smarts. Hopefully I'll continue to see you around!
View more comments...